Federal Reserve
Edited by Ernest Hancock
The Federal Reserve System (also known as the Federal Reserve, and informally as the Fed) is the central banking system of the United States. The Federal Reserve was created unconstitutionally, in 1913 by the Federal Reserve Act.
Over time, the Federal Reserve System has greatly expanded and through its due to its power to create money out of nothing has concentrated social, economic and political power into the hands of a select few. Events it has coordinated, such as the Great Depression and numerous booms and busts have led invariably to further increases in the powers of the Federal Reserve.
The Federal Reserve is regarded as a quasi-public banking system, since it has aspects of both a government run system and private enterprise. According to the Federal Reserve, there are presently five different parts of the Federal Reserve System. The Federal Reserve is a foreign corporation whose shareholders are unknown, The Federal Reserve operates in secret and has never been audited.
Pages and Listings are in reverse chronological order: End • Next • • Back • Top |
News What is Plan B if China dumps its U.S. debt? 01-20-2011 • Reuters.com When borrowing money it's always good to have a Plan B in case a big creditor pulls the plug. That should be true whether the sum is a few thousand dollars or about a trillion, the size of the United States government's debt to China. • • • | ||||||
Jack Gregson |
News Summer 2011: China To Devalue US Buying Power by 30% 01-19-2011 • ZeroHedge.com The Chinese have decided to devalue the US dollar’s buying power, without devaluing the US Treasury holdings they hold. It is an elegant solution to their issues. It will be interesting to see if they can pull it off... 1 • • • • | ||||||
Jack Gregson |
News Tossing The Consumer Under The Bus...And Expecting A Recovery 01-19-2011 • ZeroHedge.com I’ve been pouring through the Fed’s recent release of circa 2005 FOMC transcripts. The most striking observation that one can make is that the consumer - the very lifeblood that determines whether our economy will live or die - has been discarded. • • • | ||||||
Jack Gregson |
News Bill Fleckenstein: The Race To the Bottom Will Be Won By the Dollar 01-19-2011 • ZeroHedge.com "This printing money is going to lead to huge trouble. It’s going to lead to higher interest rates. It’s going to lead to more inflation and at some point there is going to be a train wreck in the currency and the bond market." • • • | ||||||
Jack Gregson |
News Shock – Big Media Fault Elite Finance 01-18-2011 • dailybell.com The tools of internationalism are the necessary ones. • • • | ||||||
Sierra Hancock |
News America's Dunkirk: Foreigners Evacuate Money From US Mainland 01-18-2011 • ZeroHedge.com Once again the biggest threat continues to be the rotation by China out of US Treasurys and into other securities... • • • | ||||||
Jack Gregson |
News China: "Current International Currency System Is The Product Of The Past" 01-16-2011 • BusinessInsider.com/ Chinese President Hu Jintao has targeted the dollar's reserve currency status ahead of his big meeting with President Obama saying, "the current international currency system is the product of the past." • • • | ||||||
Jack Gregson |
News December 2005: Could Alan Greenspan Have Been Any More Wrong? 01-15-2011 • BusinessInsider.com/ Alan Greenspan: “I think whatever froth there is in the housing market is becoming contained at this stage, and it’s getting contained largely because mortgage rates have moved up and are beginning to have an impact. • • • | ||||||
Jack Gregson |
News Feds “Be Nice to Banks”, Trumped Recognition of Housing Bubble in 2005 01-15-2011 • NakedCapitalism.com/ So now that the dirt is coming out, that the Fed did see the evidence of the housing bubble and continued to steer the Titanic at the same speed towards the iceberg, the nature and magnitude of its error is still being underplayed. • • • | ||||||
Jack Gregson |
News Unsealed Docs Show Fed Was Fully Warned of Housing Crisis in 2005 01-14-2011 • BusinessInsider.com/ New minutes released today show Fed members were fully aware of the growing housing bubble in the U.S. in June of 2005. • • • | ||||||
Jack Gregson |
News For "Flat Earth" Inflation Deniers: Commodity Inflation Bites Back 01-13-2011 • ZeroHedge.com History is littered with the carcasses of men that in their exaggerated hubris attempted to stop the forces of nature and the markets only to fall flat on their faces. • • • | ||||||
Jack Gregson |
News Ron Paul vs. the Federal Reserve 01-12-2011 • www.batr.org The Patriot-Liberty movement has railed against the Federal Reserve for decades. Inexorably attached to the abolishment of the private banking monopoly, the entire political career of Ron Paul is an inspiration for any citizen who values liberty and • • • | ||||||
Ernest Hancock |
News How The Fed Spent $2 Trillion And In Exchange We Got 650,000 Temp Jobs 01-12-2011 • ZeroHedge.com In other words, of the 1.1 million private jobs gained in the last year, 650,000 or 60% are jobs that have absolutely no real wealth creation capacity, nor do they provide any real benefits. • • • | ||||||
Jack Gregson |
News China Warns US: Keep Are Dollar Assets Safe 01-12-2011 • BusinessInsider.com/ Ahead of a state visit from Hu Jintao, Chinese Foreign Minister Cui Tiankai says his country is looking for some kind of "positive statement" about the safety of US dollar holdings. • • • | ||||||
Jack Gregson |
News Fed prints another $600bn to keep US recovery on track 01-11-2011 • telegraph.co.uk/finance By the end of June, the Fed expects to have bought $850bn to $900bn of treasuries – roughly $110bn a month, $75bn of which will be additional QE. • • • | ||||||
Jack Gregson |
Feature Article Bernanke Doesn't Have the Guts to Do This Sierra Hancock If you want to lower long-term interest rates, you need to raise short-term rates. • • • |
The American Dream – Full Length Film
01-11-2011 • Speak Truth 2 Power
30 minute animated film that shows you how you’ve been scammed by the most basic elements of our government system. All of us Americans strive for the American Dream, and this film shows you why your dream is getting farther and farther away.
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